Keisei Electric Railway Addresses Palliser's Director Nomination Dispute

MT Newswires Live

2025/05/01

Keisei Electric Railway (TYO:9009) responded to Palliser Capital Master Fund's press release regarding the nomination of outside directors for the upcoming annual general meeting, according to a Wednesday filing on the Tokyo Stock Exchange.

Keisei refuted Palliser's claims that it had refused to conduct interviews, explaining that it had repeatedly requested specific candidate details, which Palliser only provided on April 24.

The company affirmed its commitment to constructive dialogue and plans to interview Palliser's nominees through the Nomination and Compensation Committee.

Price (JPY): $1484.50, Change: $+6.0, Percent Change: +0.41%

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